3 (also spline curve) Mathematics A continuous curve constructed so as to pass through a given set of points and have a certain number of continuous derivatives. Example sentences. 1  The data was therefore fit nonparametrically to a smooth curve using the Dierckx algorithm for cubic spline curve fitting.
Definition of Unearned Revenue in Accounting. Unearned revenue is the same thing as deferred revenue. In accounting, unearned revenue is a liability. It is a liability because even though a company has received payment from the customer, the money is potentially refundable and thus not yet recognized as revenue.
Unearned Revenue, as a balance sheet account, would not be part of the closing entries.Just the Net Income or Loss from the Income Statement to the balance sheet into Retained Earnings. I hope that helps! need to find out if unearned revenue is part of the closing entries. What is confusing me is, that it is REVENUE, yet liability. I will appreciate anyone's correct answer. Thank you. Add your answer. Source. Submit Cancel.